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QBO Chapter 10 Key Terms

BRYAN VEGA Business/Economics Spanisch 6 Karten

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  1. 1Financial Statementsthey are reports used by investors, owners, and creditors to make decisions
  2. 2Profits and losslist income and expenses, summarizing the income a company has earned and the expenses incurred to earn the income
  3. 3Balance sheetlist assets, and owner's equity, summarizing what a company owns and owes on a particular date
  4. 4Statement of cash flowslist cash flows from operating, investing, and financing activities of a business
  5. 5Management reportsare used by internal users (managers) to make decisions regarding company operations
  6. 6Tax formsprovides information to federal and state tax authorities

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QBO Chapter 10 Vocabulary words
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